I just want to add I bought a PS1 in Bright Red at Barney's and came home to realize the logo tag was chipped and the glaze around the bottom edge looked like it would peel off soon. It did not look pristine. I returned it to Barney's and bought it instead from HG bags. Erica got me a pristine bag in excellent condition. I haven't had any problems with it and it looks great. I am however mad that PS isn't standing by their bags, yet fashion journalists have yet to call them out on this. I mean, most of the fashion editors have PS bags so I'm sure at least one if not many have has issues.
I have to say for the price, I like my one bag now.
I would rather go for fun cheaper brands like Rebecca Minkoff next time to be my trendy colorful bag and let the bag fall apart. I'd also rafher pay top dollar for Chloe, YSL, LV, Prada, Chanel. They stand behind their products.